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Simple English definitions for legal terms

statutory forced share

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A quick definition of statutory forced share:

A statutory forced share is a legal term that refers to the minimum percentage of a deceased spouse's estate that a surviving spouse or child is entitled to receive, even if they were disinherited in the will. This percentage is set by law and is also known as an elective share. It is usually an estate in fee simple, which means that the survivor has full ownership of the property. However, this share only applies to the property owned by the deceased spouse at the time of their death, and it can be defeated by inter vivos transfer.

A more thorough explanation:

Statutory forced share is a legal term used in wills and estates. It refers to the percentage of a deceased spouse's estate that a surviving spouse or child can choose to receive instead of what is stated in the will or if they are unjustly disinherited. This percentage is set by law and is also known as a forced share or statutory share.

For example, if a husband dies and leaves his entire estate to his children, his wife may be entitled to a statutory forced share of his estate, which could be 30% or more depending on the state's laws. This means that she can choose to receive 30% of the estate instead of what was left to her in the will.

It's important to note that the statutory forced share only applies to property owned by the deceased spouse at the time of their death. If the spouse had transferred ownership of their property before their death, the surviving spouse may not be entitled to a forced share.

Overall, the statutory forced share is a way to protect surviving spouses and children from being completely disinherited by their deceased loved ones.

statutory extortion | statutory foreclosure

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BulbasaurNoLikeCardio
18:23
Ill just keep arguing for more money off until I get it or they end up paying me to take it lmao
18:24
what other guns ya got
are we losing hope for gtown lol
yeah i dont think gtown does A's this late unfortunately
18:25
it is like 630 on a friday there bud
18:25
think it is safe to say it aint happenin today\
damn it was a slow day today
BulbasaurNoLikeCardio
18:26
I got a custom built Leftie ar15 I run suppressed, a regular ar15, a .270 axis savage bolt gun, xd9, xd40 and have my AR10 I run suppressed.
BulbasaurNoLikeCardio
18:26
I do not think we will see a wave until after thanksgiving. Adcoms will be nice and not ruin someones thanksgiving with an R
18:28
ruin my thanksgiving law schools uwu
PerpetualCheerfulBeaver
18:53
I really thought a texas schools wave was going to hit today...guess it will be December 1
7Rings
19:00
No news is good news 😜
PerpetualCheerfulBeaver
19:10
the mentality im embracing
ClassyPleasantHeron
19:23
You will see some A waves next week, just before Thanksgiving. Schools like to give people things to talk about over the holidays.
19:26
my predict monday berk from earlier td
snow
19:33
Oregon decision rendered…
snow
19:33
Bro why don’t they just tell me lol
damn ive been under review for a month and no movement, when did u apply snow?
snow
19:39
The day apps opened. I still don’t know what the decision is tho lol
Dang. Crossing my fingers for you!!
snow
19:41
Thank you!!
shaquilleoatmeal
19:44
Snow dude wtf you been
snow
19:46
Working! I was prepping for a trial but it got reset!
snow
19:47
Have you don your gulc interview?
JumpySubsequentDolphin
19:47
@snow: snow!!!! I’m in Oregon should I break into admissions office and demand your decision be sent
shaquilleoatmeal
19:49
Better to be prepared than not, otherwise it always happens when you don’t prep
shaquilleoatmeal
19:50
Yea did it a week and half ago, told us we won’t hear anything until end of December if we’re lucky, most likely first week of jan
shaquilleoatmeal
19:50
Said no one works after Monday this week and no one works week of Christmas
shaquilleoatmeal
19:50
So holiday takes time away from app review
snow
19:54
True @shaq and do it jumpy!!
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